The Role of Local Formal and Informal Institutions in Microfirms' Development: Evidence from Poland

• Autorzy: Judyta Lubacha-Sember , Małgorzata Godlewska
• Języki publikacji: EN

Abstrakty

EN

Microfirms play a significant role in the Central/Eastern European economies, comprising 86% of the total amount of active firms. Development of microfirms is influenced by the local entrepreneurial environment. This article discusses the role of the local formal (regulations, local acts of law) and informal (customs, social norms and values) institutions in the development of microfirms. Synthetic exploration of the coexistence of formal and informal institutions on the example of Masovian and Swietokrzyskie voivodeships in Poland has been carried out. To present a multifaceted perspective, the following research methods were used: a survey among formal local institutions, individual indepth interviews with microfirms' owners and Regional Chambers of Commerce and also a case study on the local law acts. The findings suggest that the development instruments used by formal local institutions are inadequate for the needs of MF's. Furthermore, the crucial role of family support, and the importance of knowledge sharing has been found. (original abstract)

Słowa kluczowe

EN

Micro-enterprise; Local development; Regional development; Institutions; Entrepreneurship

PL

Mikroprzedsiębiorstwo; Rozwój lokalny; Rozwój regionalny; Instytucje; Przedsiębiorczość

• Czasopismo: Economics & Sociology
• Rocznik: 2018
• Tom: 11
• Numer: nr 3
• Strony: 43--58

Twórcy

autor

Judyta Lubacha-Sember

• Jagiellonian University, Krakow, Poland

autor

Małgorzata Godlewska

• Warsaw School of Economics, Poland

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Identyfikatory

DOI

10.14254/2071-789X.2018/11-3/3